Topics

Stick to fundamentals ABBY JOSEPH COHEN Goldman Sachs senior U.S. strategist "There is incredible investor uncertainty," said Cohen, who sees slow growth for the economy. The recent 40 percent rally in the Standard & Poor's 500 was justified, she said, because the original sell-off was too extreme -- driven by the need by large investors to sell strong stocks to raise cash. That's past. Now, fundamentals will be more important for stock selection -- with investors focusing on valuations and earnings growth. She expects the market will move up like a staircase. And the end of the year looks promising because of how investors look at profits: They compare one...